cannabis taxes

Did you know that recreational cannabis consumers in the state of Colorado consume about 784 pounds of marijuana a day? Or that estimates indicate as much as 90% of retail sales of recreational marijuana in the rural parts of the state of Colorado involve someone from out of state? That means that 90% of retail […]

On Friday, Ladybud covered the story of Attorney Robert J. Corry, Jr, who was arguing in a preliminary injunction hearing in Denver’s District Court against the state’s tax on cannabis sales and cannabis businesses. The basis of the lawsuit is the Fifth Amendment, specifically the right against self-incrimination. The attorney argued that paying those taxes […]